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Neron Company reported the following. of flag Sales $2,000,000 Cost of Goods Sold $730,000 Operating Expenses $423,000 Interest expense included in Operating Expenses $45,000 Income

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Neron Company reported the following. of flag Sales $2,000,000 Cost of Goods Sold $730,000 Operating Expenses $423,000 Interest expense included in Operating Expenses $45,000 Income Taxes 34% of income before tax Stockholders' Equity (Average) $ 16,000,000 Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. a) Calculate net income. Net Income $ b) Calculate the net profit margin. Net Profit Margin = % c) Calculate the times interest earned. Times Interest Earned = times d) Calculate the return on equity. Return on Equity %

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